MGA

german-supermarket-giant-aldi-launches-insurance-line-in-australia-using-honeys-white-label-platform

Supermarket giant ALDI partners with Honey to launch Australian insurance offering

June 5 2024

ALDI Insurance provides home, contents, motor, and landlord insurance, powered by Honey's technology and white label platform and underwritten by RACQ.

Rapid growth in MGA premiums warrant enhanced oversight: AM Best

June 4 2024

AM Best calls for heightened oversight amid rapid growth of MGAs and increased private equity involvement.

dual-to-take-on-underwriting-and-management-of-allianz-australias-financial-lines-portfolio

DUAL to take over underwriting and management of Allianz Australia's financial lines

June 4 2024

MGA announces it will take over management of portfolio from 1 Oct, with Allianz remaining the 100% capacity provider.

a-billion-dollar-slice-how-honey-is-using-tech-to-grab-a-larger-share-of-australias-home-insurance-pie

Honey leverages tech and data to fuel billion dollar ambition

May 31 2024

Innovative use of smart sensors, data, and tech has already resulted in rapid growth and CEO Joffe says insurtech is doubling down on technology-first approach in pursuit of AU$1bn (US$664m) in home insurance...

AUB Group to acquire 70% stake in financial lines MGA for AU$105m

May 22 2024

AUB to acquire 70% stake in Pacific Indemnity for AU$105m (US$70m).

high-performing-insurance-intermediaries-thrive-through-efficiency-and-tech-investments

High performing intermediaries excel through efficiency and investments in tech

May 22 2024

Australia's high performing insurance intermediaries record higher GWP's, while maintaining lower headcount and considerably fewer clients, according to data from Macquarie Bank.

IAG launches cyber MGA, Cylo

May 22 2024

Cylo provides cover for Australian businesses with revenues up to AU$10m and is backed by IAG subsidiary, CGU.

Ciaran Morrissey promoted to Lead Cyber Underwriter at DUAL ANZ

May 2 2024

Morrissey promoted just a year after moving to Sydney to join DUAL Australia.

australian-mga-agile-receives-in-principle-approval-for-new-lloyds-syndicate

Agile Underwriting receives final Lloyd's approval for Syndicate 2427

May 1 2024

Agile Underwriting Services Syndicate 2427 has received final approval to begin underwriting this month.

honey-insurance-partners-with-bank-australia-after-securing-series-a-funding

Honey Insurance agrees six-year partnership with Bank Australia

April 22 2024

New white label partnership follows shortly after MGA announced successful AU$108m Series A Round.

rebekah-khew-named-director-as-marine-mga-adva-specialty-rebrands-to-vivace-asia-pacific

Rebekah Khew named Director as ADVA Specialty rebrands to Vivace Asia Pacific

March 14 2024

The marine and logistics specialty MGA also announce its expansion to North America with launch of Vivace Americas.

Australian MGA Criterion Underwriting expands to New Zealand

March 8 2024

Criterion expands from Australia, with a focus on waste and recycling segments and other hard to place risks.

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